Royal Bank of Canada Trims Andlauer Healthcare Group (TSE:AND) Target Price to C$41.00

Andlauer Healthcare Group (TSE:AND) had its price target trimmed by Royal Bank of Canada from C$45.00 to C$41.00 in a report released on Monday morning, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Several other research analysts have also weighed in on the stock. Scotiabank cut their price objective on shares of Andlauer Healthcare Group from C$48.00 to C$44.00 and set a sector perform rating on the stock in a report on Wednesday, September 27th. TD Securities cut their price objective on shares of Andlauer Healthcare Group from C$58.00 to C$56.00 and set a buy rating on the stock in a report on Thursday, August 3rd. Finally, Stifel Nicolaus cut their price objective on shares of Andlauer Healthcare Group from C$60.00 to C$55.00 in a report on Monday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Andlauer Healthcare Group has an average rating of Moderate Buy and an average price target of C$51.68.

Andlauer Healthcare Group Trading Up 1.6 %

Shares of AND stock opened at C$41.32 on Monday. The firm has a market cap of C$829.71 million, a P/E ratio of 23.61 and a beta of 0.69. Andlauer Healthcare Group has a 1-year low of C$36.76 and a 1-year high of C$55.85. The company has a debt-to-equity ratio of 33.79, a current ratio of 2.60 and a quick ratio of 1.66. The firm’s 50-day simple moving average is C$40.26 and its 200-day simple moving average is C$43.24.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were given a $0.09 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 0.87%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is 18.29%.

Insider Buying and Selling at Andlauer Healthcare Group

In other Andlauer Healthcare Group news, Director Ronald Martin Skelton sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of C$42.75, for a total value of C$427,455.00. 1.38% of the stock is currently owned by corporate insiders.

About Andlauer Healthcare Group

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.